Active
Well Established Septic Pumping & Repair Company
This is a well-established, profitable, Residential / Light Commercial Septic pumping & small repair company. Large current customer service list. Owner is ready to retire and looks forward to having a solid buyer to carry on his long-standing reputation. Depending on the strength of the buyer, the owner will consider carrying up to 50%, * (amortized over 10 years, due in 5 years). This business presents a one of kind opportunity for an owner operator or for expansion operations of an existing establishment to further influence into the area. Contact broker for more information.
* Monthly payments and Principal reduction of loan in years two, three and four. 7.5% interest
Listed By: Omar Kettani
* Monthly payments and Principal reduction of loan in years two, three and four. 7.5% interest
Listed By: Omar Kettani
Background information
Reference:
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Year established:
2000
Reason selling:
Ready to retire
Finance
Sales:
$523,710
EBITDA:
$231,510
Operations
Employees:
2
Equipment:
Included in asking price $167,500
Inventory:
Included in asking price
Premises
Facility:
This is a home-based business and will need to be relocated at the time of the sale. (Home Based)
Location:
Comal County, TX
Opportunities
Growth:
Unlimited growth opportunities. Large number of new septic systems are being installed as building continues to explode. There is also a huge potential for expansion by adding more pumpers. This is a service that will always be in demand. Septic systems must have regular pump outs to operate.
Price and terms
Price:
$695,500
Financing:
Depending on the strength of the buyer. (As mentioned in summary)
Training:
Owner will stay to assist with a smooth transition (30 days at no charge). The owner would be willing to negotiate a fee, for up to 1 year of continued training.